Author Archives: Darren Marchal

What’s In Your Wallet

U.S. Dollar Index The advance this past week exceeded the upside price target of 92.38 and I exited my long position. I will monitor this market for a possible continuation pattern. I believe the U.S. Dollar Index will continue to trend higher. The factor is flat. Aussie Dollar The dominant chart construction is the completed…

Bandwidth Could March Lower When Lockup Expires

The adjusted 180-day lockup period for Bandwidth Inc. (BAND) ends on May 21, 2018. When this six-month period ends, the company’s pre-IPO shareholders will have the opportunity to sell 13.5 million currently restricted shares. The potential for a sudden increase in the volume of shares traded on the secondary market could negatively impact the stock…

As British Pound Falters, Outlook Now Bearish

In our previous analysis on the pound, we claimed that the number of catalysts driving the currency’s bullish trend were running out. At the time, we warned that the rally was running out of momentum, but did not see any evidence that would suggest adopting a bearish stance. Following recent weakness in the British pound, we downgraded…

Tyson Foods (TSN) Stock Down Despite Y/Y Rise In Q2 Earnings

Tyson Foods, Inc. (TSN – Free Report) posted second-quarter fiscal 2018 results, with earnings and sales improving year over year. Performance in the quarter under review continued to benefit from steady growth in the Beef, Chicken and Prepared Foods segments. However, both the top and the bottom line missed the Zacks Consensus Estimate. This along with weak gross…

USD/CHF – More To Go?

  One the strongest, yet most ignored trends in the FX market over the past few months has been the one-way rise is USD/CHF. Although the pair is overbought registering 13 out of the last 15 up days, it shows no signs of a slowdown as the slow and steady dollar rise continues. This week…

Pushing Against The Big Wave

One of the greatest traders of all time, yet probably one of the least well known, once said, “win or lose, everybody gets what they want out of the market.” Easy for Ed Seykota to say as he sits on his deck overlooking Lake Tahoe sipping a nice California cab. Yet as I struggle to…

Pushing Against The Big Wave

One of the greatest traders of all time, yet probably one of the least well known, once said, “win or lose, everybody gets what they want out of the market.” Easy for Ed Seykota to say as he sits on his deck overlooking Lake Tahoe sipping a nice California cab. Yet as I struggle to…